Thursday, 18 July 2013

Qualifying Time for Right to Buy Could Be Shortened

A bill proposing a reduction in the qualifying period for right to buy from five to three years is to go before a pre-legislative scrutiny committee.  The controversial proposals are contained in the Draft Deregulation Bill, which is due to appear before a joint committee of both Houses of Parliament imminently. Under the new proposals, social tenants will need to have lived in their homes for three years to qualify to buy their social home rather than the current five years.  Read more on Inside Housing.

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